Fri.Jun 03, 2022

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Withum’s Zsia Rosmarin named to Profile in Diversity Journal’s “Women Worth Watching® in STEM” List

Withum

Withum is proud to share that Zsia Rosmarin , Partner and Team Leader of Technology and Emerging Growth Services , was honored as a Woman Worth Watching in STEM by Profiles in Diversity Journal. Zsia was acknowledged for her leadership role at the Firm in both her client-facing work and her position as a leader of Women of Withum , a Team Member Resource Group whose mission is to motivate, advocate and elevate women professionals with the tools they need to succeed.

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Interested in a Full Charge Bookkeeping Role? Read This 

Patriot Software

Ready to move beyond bookkeeping into a slightly more complex role? If so, you might consider full charge bookkeeping. But, what exactly does a full charge bookkeeper do? In this article, we’ll cover everything you need to know about full charge bookkeeping, including: What is full charge bookkeeping? How to become a full charge bookkeeper […] READ MORE.

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Peter Kim Named Asian Leader Worth Watching by Profiles in Diversity Journal

Withum

Withum is proud to share that Peter Kim , Principal of the Forensic and Valuation Services Group , was honored as an Asian Leader Worth Watching by Profiles in Diversity Journal. Peter was acknowledged as a CAMS—Certified Anti-Money Laundering Specialist and an outstanding leader in both his professional network and in his community. At Withum, Peter reviews and tests compliance programs through audits and independent tests and manages remediation and execution of transaction monitoring, in addi

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Friday Footnotes: Big 4 Pride; KPMG Gets Snubbed; EY Goes on a Poaching Spree | 6.3.22

Going Concern

Accountant Finds Out Client Has “Skeletons In The Closet”, Gets The IRS Involved And Makes Him Lose Everything [ Bored Panda ] It was posted on Reddit so obviously it must be true. How a New Accounting Rule Is Making Bank Earnings Go Wild [ Wall Street Journal ] The new accounting standard, known as current expected credit loss, or CECL, says that a bank has to set aside funds to offset loan losses that might come anytime in the future.

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Planning Your Restaurants Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Why Business Leaders Should Serve on a Nonprofit Board

GrowthForceBlog

7 min read. If you have not yet served on a nonprofit board of directors, then you might not realize the many advantages that experience in nonprofit leadership can lend to your position (and the positions of the up-and-coming-leaders working beneath you) as a leader in the business world.

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Bad Business Practices In Construction Bookkeeping

Randal DeHart

One of the biggest challenges construction company owners like you have with an in-house bookkeeper is training them to work for your best interest, not theirs, and deliver consistent results and the reports you can trust daily, year after year. Having been involved with construction and construction accounting and bookkeeping for over thirty years, we have seen a consistent pattern repeated over and over that will turn ordinary, decent, pleasant bookkeepers into a disheveled, broken, mean, nast

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Withum Sponsors Scholarship at National Association of Black Accountants, Inc. Annual Awards Gala

Withum

Withum is proud to share that the National Association of Black Accountants, Inc. (NABA) presented a new scholarship sponsored by the Firm at their annual gala yesterday. NABA’s 41 st Annual Scholarship & Awards Gala took place at Current at Pier 59 in New York City. The theme was Transforming with Resiliency, a celebration of their mission to “Lift as We Climb” and address the professional needs of their members as well as give future leaders the tools to succeed.

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In Shocking News, Millennials Are Working Harder Because Their Coworkers Keep Quitting

Going Concern

Feeling more burned out than usual these days? You’re not alone. Fast Company reported earlier this week that as the Great Resignation rages on Millennial workers in particular are feeling the burn: In 2022, most Millennials are in the peak of their careers, having amassed decision-making power in management and senior leadership roles. But as a result, when resources at work are strained, Millennials are shouldering much of the responsibility to ensure the organization meets its business

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SaaS Business Model: Everything You Need to Know

Snyder

Being young, innovative and trustworthy, cloud computing enjoys ever growing popularity in today’s global world. The very term “cloud computing” means availability of computer system resources, computing power, data storage on demand without any active management involved. This allows the businesses to minimize their IT infrastructure costs and concentrate directly on their business aims.

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Tech News: Intuit recognizes Small Business Heroes

Accounting Today

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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How to treat business costs incurred before you start trading

Cheap Accounting

Before a business gets off the ground there are often a few start up costs incurred. Wholly and Exclusively Such costs can be recorded in the business accounts and claimed against tax assuming that they have been “wholly and exclusively” incurred for the business; that’s the accounting term used for business costs and the test that HMRC will apply to check if the cost can be offset against income in the accounts for tax purposes.

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Generational Viewpoints: Clients in succession

Accounting Today

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Excuses – Flashback Friday

RitaKeller

“If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse.” – Jim Rohn. Here’s a flashback post from June 2016. I still hear the same excuses in 2022! Have a great weekend!

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IRS pilots new retirement plan compliance program

Accounting Today

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No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

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PCAOB sets agenda for first outside advisory meeting since 2018

Accounting Today

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Employers added 390K jobs in May, including 16K in accounting

Accounting Today

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Anduin rebrands to Aiwyn

Accounting Today

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On the move: NJCPA names next president

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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3 financial tools that can improve efficiency

Accounting Today